“Will Piketty or Krugman address my rebuttal? Of course not. It does not meet their socialist agenda.”
HOORAY Mike Shedlock! Thanks for posting, Kaslin.
10. “Divide and govern”…
6. But the grand nostrum will be a public debt,…
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
Socialism Is Legal Plunder - The Law; Bastiat
http://bastiat.org/en/the_law.html#SECTION_G022
French writer Pascal-Emmanuel Gobry in the Wall Street Journal, May 22, 2014:
http://www.wsj.com/articles/SB10001424052702303480304579575890128783848
“Thomas Piketty, a Not-So-Radical French Thinker: The economist and author of ‘Capital in the 21st Century’ may be causing a stir in the U.S., but his views are ho-hum in his own country”